Daily Markets Briefing: STI down 0.14%

The wait for developments on geopolitical tensions could mute gains today.

The Straits Times Index (STI) ended 5.05 points or 0.14% lower to 3543.18, taking the year-to-date performance to +4.12%.

The top active stocks were DBS, which declined 0.75%, Singtel, which declined 0.29%, UOB, which gained 0.14%, Venture, which declined 2.71% and OCBC Bank, with a 0.61% fall.

The FTSE ST Mid Cap Index declined 0.23%, whilst the FTSE ST Small Cap Index declined 0.43%.

OCBC Investment Research noted that US stocks finished mostly lower, with major indices turning decisively negative in afternoon trading as uncertainty over trade policy and other geopolitical issues remained high.

Seven out of 11 S&P 500 industries ended lower, with losses led by Energy (-1.28%) and Industrials(-1.14%). Gains were registered by Financials (+0.60%) and Utilities (+0.39%).

"The muted performance on Wall Street overnight is likely to continue to weigh on the local sentiment today, as investors continue to monitor developments in the geopolitical space," OIR said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia